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27346597
27346596

1042 President St, Brooklyn, NY 11225, Brooklyn, NY 11225

LM
NY NY 10351208812
Alpha Realty NY
Alpha Realty NY
Listed by Alpha Realty NY
$28,000,000
225 days on market
Updated 15 days ago

Prospect Heights | 55-unit Multifamily | 421a Tax Abatement

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 41,569
Units 55
Cap Rate 6.40%
Price per SqFt $674
Year Built 2022
Buildings 1
Stories 8
Zoning R6
Parking Spaces 22 spaces
Parking Per SqFt 0.53

Prospect Heights | 55- units Multifamily | 421a Tax Abatement

Marketing description

For Sale

Investment highlights

  • Newly constructed 8-story multifamily with a total of 55 apartments and 22 parking spaces

  • New 35-year Affordable NY Tax Abatement 70% Free-Market / 30% Affordable

  • Building amenities include: Elevator, Bike Room, Gym, Laundry in Building, Package Room, Parking Available, and Virtual Doormam

  • The property is located at the intersection of Crown Heights, Prospect Heights, and Prospect Lefferts Gardens in Brooklyn, near shopping, dining and entertainment options

  • Within walking distance to the President Street Station

  • Serious inquires ONLY: Offers with unrealistic terms will be ignored.

Listing Contacts

LM
NY NY 10351208812
Alpha Realty NY
Alpha Realty NY
Listed by Alpha Realty NY

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Additional Information

Name
Lev Mavashev
License
NY 10351208812
Brokerage Phone
2126580955
Brokerage Address
164 20th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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